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ABC , Inc. headquarters were completely renovated two years ago . CEO Jack Jones decides to remodel the headquarters using emergency reserves . This decision

ABC , Inc. headquarters were completely renovated two years ago . CEO Jack Jones decides to remodel the headquarters using emergency reserves . This decision may be considered : 

  • a wise investment in the firm's future 
  • necessary for the firm's survival 
  • good for employee morale 
  • emblematic of a principal - agent problem

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